UID:
edoccha_9958071428602883
Format:
1 online resource (96 p.)
ISBN:
1-4843-0877-8
,
1-4843-0845-X
,
1-4843-0889-1
Series Statement:
IMF Staff Country Reports
Content:
This 2014 Article IV consultation highlights an expected slowdown of growth in India, to 4.6 percent this fiscal year, the lowest in a decade, reflecting global developments and domestic supply constraints. Headline consumer price index inflation is expected to remain near double digits for the remainder of the fiscal year. The current account deficit is narrowing, driven by a significant improvement in exports, robust remittance flows, and a rapid decline in gold imports. Nonetheless, India has very little room to adopt countercyclical policies. It is constrained by persistently high inflation and sizable fiscal and external imbalances. High and persistent inflation is a key macroeconomic challenge facing India. Further increases in the policy rate will be necessary to tackle high inflation and inflation expectations.
Note:
Description based upon print version of record.
,
Cover; CONTENTS; CONTEXT; OUTLOOK AND RISKS; POLICY PRIORITIES; A. Monetary Policy; B. Addressing External Vulnerabilities; C. Fiscal Policy; D. Financial and Corporate Sector Issues; E. Structural Policies to Boost Growth; STAFF APPRAISAL; BOXES; 1. Debt, Inflation, and Growth; 2. Financial Sector Legislative Reform Commission; 3. Aadhaar: India's Unique Identification Number; 4. Food Security Act: Fiscal Implications; 5. The Potential Capital Needs of India's Commercial Banking Sector; FIGURES; 1. Growth and Activity; 2. Recent Developments: International Perspective
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3. External Vulnerabilities4. Financial Markets; 5. Monetary Developments; 6. Fiscal Sector Developments; 7. Corporate and Banking Sectors; 8. Business Environment and Governance; TABLES; 1. Millennium Development Goals, 1990-2012; 2. Selected Economic Indicators, 2009/10-2014/15; 3. Balance of Payments, 2009/10-2014/15; 4. Reserve Money and Monetary Survey, 2009/10-2013/14; 5. Central Government Operations, 2009/10-2014/15; 6. General Government Operations, 2009/10-2014/15; 7. Macroeconomic Framework, 2009/10-2018/19; 8. Indicators of Financial System Soundness, 2005/06-2012/13
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9. Indicators of External Vulnerability, 2008/09-2012/13ANNEXES; I. Key Measures Adopted in 2013/14; II. India FSAP Main Recommendations and Risks: November 2013 Update; III. Risk Assessment Matrix; IV. Policy Responses of Emerging Markets (EMs) to Talk of Tapering; V. India's External Sector Assessment; VI. Public and External Debt Sustainability Analysis; CONTENTS; FUND RELATIONS; RELATIONS WITH THE WORLD BANK GROUP; RELATIONS WITH THE ASIAN DEVELOPMENT BANK; STATISTICAL ISSUES
,
English
Additional Edition:
ISBN 1-4843-0825-5
Language:
English
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